Last year Fifield Realty was granted another one-year extension to get started on the development of the approved 400-foot residential tower to rise at 399 Fremont Street, a parcel which was first approved for development back in 2006 and has been granted five one-year extensions to commence development by San Francisco’s Planning Commission.
The day before the latest extension expired on June 15, 2013, the building permit to construct the 452-unit tower was approved and issued, but the ground has yet to be broken.
Fifield UDR has until the end of the year to start construction on the site or risk their permits being cancelled by the Planning Department.
UPDATE: A plugged-in reader notes that Fifield has sold the project to UDR.
∙ 399 Fremont Scoop: Redesigned And Pursuing Construction Permits [SocketSite]
∙ Another 400-Foot Rincon Hill Tower Is Ready To Break Ground [SocketSite]